[Photo Courtesy: www.picserver.org]

[Photo Courtesy: www.picserver.org]

As you approach retirement, one of your biggest concerns will be what to do with your nest egg. Inflation and market volatility can eat away at your nest egg. It is crucial that you:

  1. Do your research
  2. Develop your plan
  3. Execute your plan
  4. Monitor and adjust your plan based on the economy, market performance, and your financial needs.

If you are a very conservative investor who abhors risk, you may be tempted to keep all of your nest egg in cash, such as bank deposits, certificates of deposit, and money market funds. If that is your plan, the following article discusses the “cost” of keeping your nest egg in cash. For details, click here.

If you are over 50 and have discovered ways to manage your nest egg, please share your tips by joining us at The Fifty Plus Network:

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